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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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To: Boplicity who wrote (65807)	1/4/2001 9:01:51 AM
From: HairBall	Read Replies (2) of 99985

Gregory Mullineaux: I expect another 25 point cut at the end of Jan followed by a 50 point cut in March. This should inspire an extended counter trend rally for the COMPX (NAZ Comp) and will likely produce new highs for the NYA (NYSE Comp) guided by the July 99 Rising Resistance Line. I will begin to leg my investment/retirement portfolios back into equities (currently 100% cash) using Amex DIA/QQQ/SPY, Fidelity Index and Sector Funds in 20% increments. I will be playing this rally as a counter trend rally for the NAZ Comp until proven wrong. My trading portfolio as always is on a day to day basis...but I will be looking to advantage exuberance to be showered on the beaten down upper tier nets and techs, what ever is moving up or down in a volatile manner...<g> Regards, LG

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